What liabilities, other than hazardous materials, should a property manager be aware of?
There are a number of other potential environmental liabilities beyond the building envelope that building managers need to be aware of. These could include chemical or hydrocarbon contamination of soil and groundwater on the property. This contamination might be the result of leaking underground storage tanks or past industrial operations on the site. These operations may have used any number of chemical compounds that can cause not only adverse health effects for persons utilizing the property, but can also present a very real liability in financial terms to the owner of the property.